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Updated: 24 min 41 sec ago
Shares of Netflix Inc rose modestly in premarket trading on Friday after Barclays upgraded the online movie renter to "equal weight" from "underweight," citing the benefit of overseas expansion.
Alibaba reportedly plans to close its IPO book early after getting enough orders to sell all shares in the record-breaking offering.
Sprint for the first time ever will give customers looking to buy the new iPhone an exclusive no-contract plan.
Prices for imported goods slumped by the widest margin in nine months as falling oil prices countered rising food prices.
Sales across U.S. retailers rose in August, which should ease concerns about consumer spending and support expectations for solid 3Q growth.
Fall is the perfect time to plan your approach to tax forms you won't file until next April. By using the next four months strategically, you may be able to reduce the amount you owe.
The prices paid for goods imported into the U.S. declined by 0.9% in August, the biggest drop since last November, led lower by fuel prices, the Labor Department reported Friday.
Sales at U.S. retailers rose in August by the largest amount since April, raising confidence in the economic outlook for the second half of the year.
The dollar was on track for its longest win streak in 17 years as investors bet the Fed would raise interest rates in 2015.
The activist investor is continuing to put pressure on Darden, suggesting a plan to boost the Olive Garden owner's value.
Darden Restaurants said it will review the operational plan proposed by Starboard Value, one of the restaurant operator's largest shareholders, but it believes many of the plan's strategies are already being implemented.
U.S. equity futures were flat ahead of monthly retail sales data that could show improved consumer sentiment in the world's largest economy.
Darden Restaurants' second-largest shareholder, Starboard Value, detailed its transformation plan for the restaurant chain operator that could boost the share price to $67 to $86, or 39% to 78% above Thursday's closing price of $48.29.
Darden Restaurants reported a fiscal first-quarter adjusted profit, which excluded non-recurring items, of 32 cents a share, exceeding the FactSet consensus analyst estimate of 31 cents a share.
Australia raised its terrorist-threat level to "high," the second-highest setting, indicating that an attack is likely in the near future.
The Bank of Korea held its policy interest rate at 2.25% on Friday, as widely expected after it cut the benchmark by a quarter-point at its previous meeting.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.4% ; Hong Kong (Hang Seng Index) down 0.4% ; Shanghai (Shanghai Composite Index) flat ; Sydney (S&P/ASX 200) down 0.4% ; Seoul (Kospi) up 0.4% Taipei (Taiex) down 0.7% Copyright © 2014 MarketWatch, Inc.
Hong Kong stocks looked poised to fall on Friday for a six day in a row, with the Hang Seng Index declining 0.7%.
Australian stocks headed lower in early Friday trading, with financials weak and miners mixed, to put the S&P/ASX 200 down 0.3%, on top of a 0.5% loss the previous session.
Japanese stocks opened lower but quickly swung to gains Friday morning, as shares proved irresistable in the face of a fresh post-financial-crisis low for the yen's value against the dollar .